The SEC Network will launch and an industry expert has said the contract could be worth an additional $17 million annually per school over the course of the 20-year deal with ESPN.

The SEC and Big 12 will become partners in the Sugar Bowl, and that game will be worth about $40 million to each league annually, meaning an additional $4 million per Big 12 school.

Also, the College Football Playoff starting in 2014 figures to be worth about $50 million annually to each of the five power conferences.

The Big 12 distribution totals do not include its schools’ third-tier media rights. The Longhorn Network is worth some $15 million annually. Kansas’ third-tier rights were worth about $6.5 million in 2012.

Unlike first- and second-tier rights, which are owned by the conferences and sold to networks such as ESPN, Fox and CBS, third-tier rights are owned by the schools to monetize.

Conferences that have their own networks, like the Big Ten and soon the SEC, own their schools’ third-tier rights.

In the Big 12, those rights are owned by the schools, a condition that won’t change — and will prevent a Big 12 Network from launching — largely because of Texas’ deal with ESPN that resulted in The Longhorn Network.